Posted by Bret4207 on November 29, 2015 at 05:37:42 from (64.19.90.196):
In Reply to: Little known facts posted by IaGary on November 28, 2015 at 05:23:16:
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That's QE1, 2, etc. You may as well call it printing worthless money because that's all it is. It's the deliberate devaluation of our currency. Nothing is being done to slow the growth if the debt and the "falling deficit" is being financed by the growing debt. I really don't know why the system hasn't collapsed yet or when it finally will. I do know that the current paradigm is not sustainable. When the Fed finally starts pushing interest rates upward, and eventually they will have to, I think you will see some serious problems across our economy.
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